Bitcoin at $59,485, Expert Says BTC Pump to End on April Fool’s Day

  • Bitcoin has reached a high of $59,485 following a 15% rally within the last 48 hours.
  • Ben Armstrong predicts that the current bull run will end in April 2025.
  • Peter Brandt contended that the culmination of this bull run might occur around August or September 2025.

While Bitcoin moves to claim a new all-time high, crypto pundits like Ben Armstrong predict when this cycle’s bull run may end. Bitcoin has reached a high of $59,485 at the time of this report, following a 15% rally within the last 48 hours.

Amid Bitcoin’s praiseworthy performance, Armstrong shared his view in a recent episode on his YouTube channel regarding when Bitcoin’s bullish rally might end.

Armstrong confidently predicted that the current bull run would culminate on April Fool’s Day of 2025. He pointed out that this cycle’s bullish phase commenced last October, placing April 2025 at around 18 months, consistent with historical patterns. As a result, Armstrong emphasized that the market barely has one year left on this bull run, and Bitcoin is about to break a new all-time high. 

Meanwhile, Armstrong presented an alternative scenario suggesting that the current bull run might not have even started yet. He suggested that Bitcoin’s price surge could be primarily driven by the excitement surrounding the recently approved Bitcoin spot exchange-traded funds (ETFs). 

Armstrong pointed out that it is unprecedented for Bitcoin to attempt to surpass its immediate previous all-time high before a new halving event. In this alternate view, he proposed that post-halving, Bitcoin’s bull run could conclude by October 2025.

Notably, Armstrong’s alternative perspective aligns with the views of legendary trader Peter Brandt. Recently, Brandt contended that the culmination of this bull run might occur around August or September 2025, foreseeing a remarkable $200k all-time high for BTC.

Disclaimer: The information presented in this article is for informational and educational purposes only. The article does not constitute financial advice or advice of any kind. Coin Edition is not responsible for any losses incurred as a result of the utilization of content, products, or services mentioned. Readers are advised to exercise caution before taking any action related to the company.

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